This undated picture reveals the headquarters of the Monetary Supervisory Service (FSS). Korea Occasions file
Company direct financing in South Korea fell barely from a month earlier in October on a fall in debt gross sales, knowledge confirmed Monday.
Native firms raised a mixed 31.09 trillion gained ($22.3 billion) final month by promoting shares and bonds, down 556 billion gained, or 1.8 p.c, from 31.64 trillion gained in September, in accordance with the information from the Monetary Supervisory Service.
Inventory gross sales rose sharply to 767 billion gained final month from the earlier month’s 111 billion gained, with share gross sales by way of preliminary public choices totaling 640 billion gained.
In distinction, company bond gross sales declined 3.8 p.c on-month, or 1.21 trillion gained, final month to 30.32 trillion gained.
The worth of excellent company bonds stood at 683.13 trillion gained as of end-October, up 10.14 trillion gained from a month earlier than. (Yonhap)
